Calix Inc (CALX)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -29,747 | 29,325 | 41,010 | 238,378 | 33,484 |
| Total assets | US$ in thousands | 939,267 | 941,865 | 884,835 | 742,032 | 427,352 |
| ROA | -3.17% | 3.11% | 4.63% | 32.13% | 7.84% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-29,747K ÷ $939,267K
= -3.17%
Calix Inc's return on assets (ROA) has shown significant fluctuations over the years based on the provided data. In 2020, the company's ROA stood at 7.84%, indicating that the company generated $0.0784 in net income for every dollar of assets. The following year, the ROA increased substantially to 32.13%, suggesting a significant improvement in the company's efficiency in generating profits from its assets.
However, the ROA experienced a decline in 2022 to 4.63% and further dropped to 3.11% in 2023. These reductions could signal potential challenges in effectively utilizing the company's assets to generate profits during those periods.
In the most recent year, 2024, Calix Inc's ROA turned negative at -3.17%, which implies that the company incurred a loss relative to its assets. A negative ROA raises concerns about the company's financial performance and its ability to generate profits from its asset base.
Overall, the fluctuating trend in Calix Inc's ROA indicates varying levels of efficiency in utilizing its assets to generate profits over the years. Investors and stakeholders should closely monitor future ROA trends to assess the company's financial health and performance.
Peer comparison
Dec 31, 2024